President Donald Trump on Thursday announced a number of energy initiatives, including a review of U.S. nuclear energy policy and efforts to make sure new coal plants are built overseas. The announcements came during a speech on achieving American “energy dominance.” The position is similar to previous administrations’ goals of achieving “energy independence,” dating back to the 1970s. President Barack Obama paved the way for Trump by lifting a 40-year ban on exporting U.S. crude oil and by approving about two dozen liquefied natural gas export licenses. On Thursday, Trump said his administration will attempt to expand the nuclear energy sector by launching a “complete review” of current policy to identify ways to revive the industry.
CNBC 29th June 2017 read more »
President Donald Trump has a plan to help the aging fleet of U.S. nuclear reactors estimated to be losing nearly $3 billion a year: study the issue. At the culmination of the White House “Energy Week,” Trump is set to announce a comprehensive review of U.S. nuclear regulation, stopping short — for now — of the big federal interventions advocates say are needed to revitalize the industry, which is struggling to compete against cheap natural gas and dispose of its radioactive waste.
Bloomberg 29th June 2017 read more »